Reported 2 days ago
Major companies, including CNN, Meta, Microsoft, and BP, are continuing to implement layoffs in 2025, building on trends from the previous years. These job cuts reflect a shift towards digital services and cost-cutting measures amid significant changes in the workforce due to technology and the rise of artificial intelligence. CNN plans to cut 200 jobs, while Starbucks and Stripe are also initiating reductions. BP is slashing 7,700 positions globally as part of its strategy to simplify operations. The overall trend indicates a broad restructuring across various sectors as companies adapt to a changing economic landscape.
Source: YAHOO